Today, JPMorgan Chase is allowing clients to buy Bitcoin.  This decision by the largest US bank (with a market cap of $740 billion and more than $4trillion in assets) shows that the adoption of Bitcoin in mainstream finance has no intention of slowing down.  CEO Jamie Dimon said, " We are going to allow you to buy it.  We're not going to custody it. We're going to put in it statements for clients."

Despite this decision, Dimon, who has called Bitcoin a "ponzi scheme" and "a pet rock" still holds the beliefs about it, but said, "I don't think you should smoke, but I defend your right to smoke.  I defend your right to buy Bitcoin."

A JPMorgan spokesperson declined to elaborate on the bank's specific plans for Bitcoin access.

It is clear that game theory of Bitcoin acquisition is has been ramping up and progressively going to new levels, especially with the reassuring rise of its price back over $100k despite market uncertainty and talks of tariffs.  As such, it is clear that despite the hate Bitcoin has gotten from characters like Dimon, they will eventually have to bend the knee and acknowledge its value and market demand.  Bitcoin is winning.

Thank you for your time and attention.

Please consider checking out my Bitcoin merch designed by me using the link below.

Happy Stacking,

B

Bitcoin Merch: https://www.redbubble.com/people/B-21/shop?asc=u